Sofitel Sydney Darling Harbour has opened its doors, making it the first new-build, international luxury hotel to open in Sydney's CBD this millennium.
Mantra Group has secured the management agreement to operate a landmark new-build 46 storey hotel in the heart of Southbank in Melbourne.
The first phase of development is valued at circa USD 200 million and includes luxury hotel The Vale Rusutsu and a bespoke onsen and spa facility. Additional phases scheduled for release in 2018 will include new retail and entertainment developments and further hotel facilities, estimated at circa USD 500 million.
Property is first Andaz Hotel in Southeast Asia